Why is ASAN down?
Down 92% over five years while the S&P 500 rose 76%.
- It fell 26% on Dec 3, 2021, a results day, its biggest one-day fall in five years.
The other side, the timeline, and its peers, for Pro members.
ASAN's Quality Score fell 1 point on Mon, Nov 2, to 7. Its price fell below its average of the last 8 days.
We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.
Down 92% over five years while the S&P 500 rose 76%.
The other side, the timeline, and its peers, for Pro members.
| Since its Nov 2021 high | Down 92% |
| Latest filing | 8-K, Sep 28 |
Asana filed an 8-K reporting a change of board chair
ASAN closed −4.7% the next session (Sep 29).
After its last 4 reports it closed +3.1% on average, higher 3 of 4 times.
ASAN is #105 of 271 by Quality Score.
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| 105 |
Net income over four quarters: ASAN -$154M, WK $47.0M.
Reports Tue Dec 1, after the close (in 29 days). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
ASAN's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Revenue | $858.5M to $863.5M |
Sales grew 28% a year over 5 years, fiscal 2021 to 2026.
Its share count grew 5.8% a year over 3 years.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Sep 3, 2026 | -13.4% | -12.7% | -13.1% |
| May 28, 2026 | +11.1% | +15.6% | +21.2% |
| Mar 2, 2026 | -1.4% | +1.9% | +8.2% |
Sales grew every year from 2019 to 2026, to $791M. It lost money in each of the eight years.
4 insiders sold $713K across 6 filings in the last 6 months. No open-market buys on record. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: ASAN is under 0.1% of FTEC, under 0.1% of VGT, and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Asana Inc is the system of action for work, built for the Agentic Enterprise. It provides a comprehensive solution where humans and AI agents can collaborate effectively so that individuals work smarter, teams move faster, and organizations deliver results. Companies use Asana to connect their work to company goals and orchestrate mission-critical workflows like product launches, employee onboarding, resource planning, tracking company-wide strategic initiatives and more. It manages its operations and allocates resources as a single operating and reportable segment. The company generates revenues from subscriptions from paying customers accessing its cloud-based platform.
“The market for work management platforms is increasingly competitive, fragmented, and subject to rapidly changing technology, shifting user and customer needs, new market entrants, and frequent introductions of new products and services.”
ASAN scores 7 today, which Breakaway calls Average. It is #105 of 271 in Software by Quality Score, with 5 of 14 chart checks firing. Down 92% over five years while the S&P 500 rose 76%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
ASAN scores 7 today, which Breakaway calls Average (6 to 10). That is #105 of 271 in Software by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind ASAN's 7.
4 insiders sold $713K across 6 filings in the last 6 months. No open-market buys on record. The newest is Katie Marie Colendich, GC, Corporate Secretary, who sold $55K on Sep 30. Every filing, with the scored weight, for Pro members.
Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.